BIT Expands Regulatory Footprint with BVI FSC Approval for SIBA Investment Business License and VASP Registration
Matrixport Technologies Ltd receives approval for a SIBA Investment Business Licence and VASP Registration in the British Virgin IslandsSINGAPORE, May 20, 2026 /PRNewswire/ -- BIT today announced that Matrixport Technologies Ltd has received approval from the British Virgin Islands Financial Services Commission for a SIBA Investment Business Licence, Category 2 – Arranging Deals in Investments, and a Virtual Asset Service Provider registration under the BVI Virtual Asset Service Providers Act.The approvals mark an important milestone in BIT’s continued development as a digital asset financial services platform, strengthening the regulatory framework supporting its institutional and professional market activities.Under the approved licences, Matrixport Technologies Ltd is authorised to:
Conduct regulated investment business activities involving the arranging of deals in investments under the BVI Securities and Investment Business Act (SIBA), supporting institutional and professional market activities, and broader regulated financial services activities within the approved licensing scope; and
